Is ALPHABET INC-CL C (NASDAQ:GOOG) the type of stock Peter Lynch would love?

Peter Lynch’s approach focused on identifying undervalued growth stocks with simple, scalable businesses. We examine whether ALPHABET INC-CL C (NASDAQ:GOOG) fits the characteristics of a Lynch-approved investment.

How does ALPHABET INC-CL C (NASDAQ:GOOG) stack up against Peter Lynch’s investment principles?

• In terms of Return on Equity(ROE), GOOG is performing well, achieving a 30.8% ratio. This highlights the company's effective allocation of shareholder investments and signifies its commitment to maximizing returns.
• At a Debt/Equity ratio of 0.03, GOOG seems well-positioned to sustain growth while keeping debt in check.
• Over the past 5 years, GOOG has demonstrated 25.25 growth in EPS, signifying its positive financial trajectory and potential for future profitability.
• With a PEG ratio at 0.86, GOOG is priced attractively relative to its earnings expansion.
• A Current Ratio of 1.84 suggests that GOOG is in a solid financial position to handle short-term market fluctuations.

Fundamental Analysis Observations

ChartMill assigns a Fundamental Rating to every stock. This score, ranging from 0 to 10, is updated daily and is determined by evaluating multiple fundamental indicators and properties.

GOOG gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 71 industry peers in the Interactive Media & Services industry. GOOG scores excellent points on both the profitability and health parts. This is a solid base for a good stock. GOOG is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! With these ratings, GOOG could be worth investigating further for growth and quality investing!.

Our latest full fundamental report of GOOG contains the most current fundamental analsysis.

More Affordable Growth stocks can be found in our Peter Lynch screener.

Keep in mind

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.